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Interim report January – September 2018

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Summary January-September 2018

  • Rental income increased to SEK 1 935 million (1 749).
  • Profit from property management increased to SEK 1 097 million (985).
  • Changes in value of properties amounted to SEK 894 million (944) and changes in value of financial instruments to SEK 93 million (101).
  • Profit after tax for the period increased to SEK 1 889 million (1 705).
  • Market value of investment properties amounted to SEK 42 573 million (36 671).
  • During the period, 17 properties (22) were acquired for SEK 1 423 million (2 022) and

10 properties (36) were divested for SEK 866 million (1 593).

-          During the period, both rental income and profit from property management rose 11 per cent, amounting to SEK 1,935 million and SEK 1,097 million, respectively. I am satisfied with our stable development thus far this year and that Hemsö has created a solid project portfolio that will drive continued growth and increase the quality of the portfolio, says Nils Styf.

For more information, please contact:

Nils Styf, CEO                                            +46 8 501 170 01
Rutger Källén, CFO                                   +46 8 501 170 35 

Hemsö is Sweden’s leading private owner of properties for community services. The business is based on owning, managing and developing properties for nursing homes, education, health care and premises for the judicial system. Hemsö has properties in Sweden, Germany and Finland. The hallmarks of Hemsö’s business are long-term leases and stable tenants. The Third Swedish National Pension Fund is the majority owner. The total value of Hemsö’s property portfolio is SEK 42.6 billion. Hemsö’s credit rating from Standard & Poor’s has been A- since March 2015. More information can be found at: www.hemso.se

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